Consider the following data that gives the quantity produced and unit price for three different goods across two different years to answer the next six questions: Assume that the base year is 2012.
-What was the growth rate of real GDP between the two years?
A) 1.67%
B) 0%
C) 3.2%
D) 2.4%
E) 4.4%
Correct Answer:
Verified
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